The Cost of Acquiring a Skill Accounts for Why the

question 59

Multiple Choice

The cost of acquiring a skill accounts for why the

• A) demand for high-skilled workers is different from the demand for low-skilled workers.
• B) supply of high-skilled workers is different from the supply of low-skilled workers.
• C) demand for high-skilled workers is different from the supply of high-skilled workers.
• D) demand for high-skilled workers is different from the supply of low-skilled workers.
• E) supply curves of high-skilled and low-skilled workers cross.

---

Definitions:

Environmental Degradation

The deterioration of the natural environment due to human activity, leading to the depletion of resources and loss of biodiversity.

Global Stratification

The unequal distribution of wealth, power, and resources among countries worldwide.

Fossil Fuels

Natural fuels such as coal, oil, and natural gas, derived from the remains of living organisms that were buried millions of years ago.

Greenhouse Gases

Gases in Earth's atmosphere that trap heat, contributing to the greenhouse effect and global warming.